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What about Fortune Fosun Prudential Life Insurance Company? Do you suggest starting? 》
1. What are the highlights of Fosun Prudential's whole life insurance guarantee?
Before introducing this product, let's take a look at the product protection diagram to help us understand Senior Sister's explanation faster:
From the above picture, we can know that the protection content of whole life insurance, the star god of wealth, is not very complicated, and he can protect the rights and interests of the insured for life, such as policy loans and automatic payment. When the insured dies or is completely disabled, the payment of insurance money is also closely related to the proportion corresponding to the age of arrival. In addition to these, the following seniors have more in-depth evaluation waiting for you:
1, with a wider age range.
The insured between 30 days and 70 years old can get the protection provided by whole life insurance, the star god of wealth. Compared with whole life insurance products with the highest insurance age of 60 or 65, this product has a wider insurance age range.
2. There are few exemption clauses.
The exemption clause is actually under what circumstances the insurance company will not compensate. As can be seen from the table, whole life insurance, the God of Wealth, has only four exemption clauses. Usually, products with more intense competition have 3-7 exemption clauses. The fewer exemption clauses, the more insurance liabilities insurance companies need to bear, which will be more beneficial to the insured.
For more information about the exemption clause, I have compiled it in the following article, and the details can be poked:
What is the exemption clause of insurance? what do you think? If you don't understand, you will suffer a big loss! 》
3. There is annuity conversion interest.
This product not only has the honorable rights and interests such as policy loan and automatic payment, but also covers the rights and interests of converting annuity. If the insured is over 60 years old and the policy is valid for at least 10 years, and you want to change it into annuity insurance, the cash value of the insurance can be regarded as the premium paid by the insurance company for annuity insurance products. After the conversion, the type of protection obtained by the insured is changed to annuity insurance. For customers who want to buy annuity insurance in the later stage, it is more intimate to give away annuity conversion rights.
Second, the matters needing attention before configuring Fosun Prudential whole life insurance.
1, the guarantee content is single.
The coverage of whole life insurance, the star god of wealth, is relatively simple, including only total disability or death insurance. However, the coverage of other similar products in the market is more diverse, including aviation accident death or total disability insurance, automobile accident death or total disability insurance, traffic accident death or total disability insurance and so on. The simpler the insurance coverage, the more the insured can get a single insurance coverage, so the competitiveness of whole life insurance with a single insurance coverage is not very great.
2. The increase rate of insurance coverage is low.
Dear friends, from the last payment of death or disability insurance, it can be seen that the insurance premium paid at one time is the basic insurance premium ×( 1+3.5%) (the number of policy years is-1), so it can be seen that the insurance premium in whole life insurance is increasing by 3.5%. However, the 3.5% premium is a relatively low proportion coefficient among similar products, and some products have a premium proportion coefficient as high as 3.7% or 3.8%. Therefore, the increasing insurance coverage ratio of this product will be inferior to other products.
Generally speaking, whole life insurance, the star god of wealth, has the advantages of annuity conversion and a wide range of insurance age, but at the same time, it also has the disadvantage of single coverage. Small partners who want to configure this product should consider it comprehensively before configuration.
Of course, seniors always advise you to shop around before buying insurance. After all, there are many good life insurance products on the market.
The following are five high-yield increase whole life insurance arranged by Senior Sister. People in need can compare and choose:
"Fresh! Don't miss five high-yield incremental whole life insurance! 》
Write it at the end
I am a scholar who talks about insurance, focusing on objective, professional and neutral insurance evaluation;
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